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$1.29 EPS Expected for South State (SSB); Sussex Bancorp (SBBX) Has 0.85 Sentiment

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Sussex Bancorp (SBBX) investors sentiment decreased to 0.85 in Q4 2017. It’s down -0.15, from 1 in 2017Q3. The ratio worsened, as 11 institutional investors increased and started new equity positions, while 13 sold and decreased their stock positions in Sussex Bancorp. The institutional investors in our database now hold: 2.96 million shares, down from 3.26 million shares in 2017Q3. Also, the number of institutional investors holding Sussex Bancorp in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 4 Reduced: 9 Increased: 6 New Position: 5.

Analysts expect South State Corporation (NASDAQ:SSB) to report $1.29 EPS on April, 20.They anticipate $0.14 EPS change or 12.17% from last quarter’s $1.15 EPS. SSB’s profit would be $47.27M giving it 16.62 P/E if the $1.29 EPS is correct. After having $1.30 EPS previously, South State Corporation’s analysts see -0.77% EPS growth. The stock increased 0.88% or $0.75 during the last trading session, reaching $85.75. About 79,302 shares traded. South State Corporation (NASDAQ:SSB) has declined 1.28% since April 5, 2017 and is downtrending. It has underperformed by 12.83% the S&P500.

South State Corporation operates as the bank holding firm for South State Bank that provides a range of retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans. The company has market cap of $3.14 billion. It accepts demand deposits, savings deposits, interest-bearing demand deposits, certificates of deposit, and other time deposits; and offers lending and credit card, ATM processing, and wealth management and trust services. It has a 29.27 P/E ratio. The firm also provides investment advisory and broker dealer services.

Among 9 analysts covering South State Corp (NASDAQ:SSB), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. South State Corp had 28 analyst reports since July 28, 2015 according to SRatingsIntel. As per Wednesday, August 2, the company rating was maintained by Brean Capital. Stephens maintained South State Corporation (NASDAQ:SSB) rating on Friday, July 21. Stephens has “Hold” rating and $9500 target. The rating was maintained by SunTrust with “Buy” on Wednesday, January 24. The firm has “Hold” rating by Brean Capital given on Monday, February 5. The firm has “Outperform” rating given on Monday, January 25 by FIG Partners. The company was initiated on Monday, September 21 by Piper Jaffray. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, July 25. The stock has “Hold” rating by Piper Jaffray on Thursday, October 26. The stock of South State Corporation (NASDAQ:SSB) has “Neutral” rating given on Thursday, October 5 by PiperJaffray. The firm earned “Buy” rating on Thursday, December 21 by Keefe Bruyette & Woods.

Analysts await Sussex Bancorp (NASDAQ:SBBX) to report earnings on April, 25. They expect $0.21 earnings per share, down 51.16% or $0.22 from last year’s $0.43 per share. SBBX’s profit will be $1.65 million for 35.95 P/E if the $0.21 EPS becomes a reality. After $0.35 actual earnings per share reported by Sussex Bancorp for the previous quarter, Wall Street now forecasts -40.00% negative EPS growth.

Seidman Lawrence B holds 6.2% of its portfolio in Sussex Bancorp for 302,117 shares. Clover Partners L.P. owns 114,874 shares or 2.94% of their US portfolio. Moreover, Basswood Capital Management L.L.C. has 0.74% invested in the company for 594,167 shares. The Illinois-based Pl Capital Advisors Llc has invested 0.73% in the stock. Stieven Capital Advisors L.P., a Missouri-based fund reported 152,948 shares.

Since January 1, 0001, it had 0 insider buys, and 2 sales for $89,778 activity.

The stock increased 0.67% or $0.2 during the last trading session, reaching $30.2. About 20,225 shares traded. Sussex Bancorp (SBBX) has risen 29.77% since April 5, 2017 and is uptrending. It has outperformed by 18.22% the S&P500.

Sussex Bancorp (NASDAQ:SBBX) Institutional Positions Chart

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